The internet has exploded into an online world where millions of dollars in business is conducted daily. With all business comes the possibility for fraud or accounting errors that could be prosecuted as a type of white collar crime. Recently, the American Institute of CPA's, or AICPA, has been tracking online business and fraud. The group's data shows an increase in types of white collar cybercrimes that cost U.S. business' billions of dollars annually.
The top 5 cybercrimes as reported by the AICPA are: